What's Inside

The US retail real estate landscape will undergo significant shifts in 2025 and beyond as major retailers redefine their brick-and-mortar strategies to better align with evolving consumer behaviors and economic pressures.

Building on our Market Navigator on the US retail and e-commerce market, we explore how small-format stores, technology integration and immersive retail experiences are becoming critical success factors for retailers. Additionally, by analyzing store openings and closures, as well as recent traffic trends, we shed light on the evolving relationship between retailers and real estate companies.

Data in this research report include:

• Proprietary survey data—US consumer preferences around store size and the reasons why; where US consumers want retailers to open stores; and what technologies they feel would enhance the in-person shopping experience
• The US retail market’s size, total and by channel, 2020–2029E
• Major store opening and closure counts for 2024, by major retailer

Companies mentioned in this report include: Albertsons, Amazon, Burlington Stores, Costco Wholesale, Dollar General, Dollar Tree, Foot Locker, Kohl’s, Macy’s, Sephora, Target, Ulta Beauty, Walmart, Walgreens Boots Alliance

Other relevant research:

• Market Navigator: US Retail and E-Commerce—Seizing Opportunities Amid a Changing Landscape
• Retail 2025: What Will Redefine US Retail?—Coresight Research Predictions
• In our Weekly US and UK Store Openings and Closures Tracker series, we tracks developments in store closures, openings and bankruptcies in the US and the UK on a week-by-week basis.
• The US Retail Sales Databankfeatures retail sales values and year-over-year growth, in total and by sector, by year and by month. This Databank is updated monthly.
• The Market Sizes Databank offers an overview of key retail market or sector sizes, including Coresight Research projections for future years.